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American States Water Company Message Board

  • im_sumo im_sumo Mar 23, 2013 6:11 PM Flag

    Exhibit 10

    For those who want to know how this company operates, look at the last filing with the SEC. I wonder if performance based cost cutting incentives will produce ratepayers savings....... probably not. Sooner or later, the California Public Utility Commission will investigate AWR.

    B. Performance Targets and Payout Percentages for GSWC Operating Expense Controls

    Aggregate GSWC Operating Expense
    Level

    Payout as a Percentage of Target


    $273.5 million and $279 million and $300 million and $305.5 million

    0%





    3

    --------------------------------------------------------------------------------





    C. Performance Targets and Payout Percentages for ASUS Cumulative Net Earnings




    ASUS Cumulative Net Earnings

    Payout as a Percentage of Target


    $42.7 million

    150%


    $36.8 million and $28.1 million and $22.2 million and

 
AWR
30.87+0.19(+0.62%)10:57 AMEDT

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